Philip Morris Yields 6% But Faces Credit Downgrade Risk

numismarty/iStock via Getty Images PM is undervalued The thesis of this article is to explain the risks hidden behind Philip Morris International Inc.'s (NYSE:PM) dividend yield. The chart below summarizes consensus ratings of the stock's dividend grades and compares them to the sector median. As seen, PM's dividend yield across all metrics receives an A grade. It is currently yielding almost ~6% (5.85% on an FWD basis to be exact), far higher than its 4-year average dividend yield of 5.41% and also the sec ...